Honda to enter high-powered motorcycle segment

MUMBAI: Two-wheeler manufacturer Honda Motorcycle and Scooter plans to enter into 800cc and above high-powered motorcycle segment by the end of the current financial year, a top company official said.

“We are entering into the premium 800cc and other high-powered motorbike segment and are currently working on it. These higher segment vehicles will be launched in the last quarter of the current fiscal,” HMSI’s Divisional Head (Sales and Marketing) N K Rattan told reporters on Tuesday.

The company also plans to launch 100cc motorcycle by 2010, he said. “We will be launching a 100cc motorcycle and other range of fun bikes by 2010,” he said. The company recently launched its new 125cc bike– CBF Stunner. The bike is available in three variants–kick drum alloy, self drum alloy and self disc alloy.

CBF Stunner’s ex-showroon price in Mumbai varies from Rs 50,377-55,185. In the current financial year, HMSI targets to sell around 80,000 units of CBF Stunner, he said.

The company, in the last fiscal, sold 9.07 lakh units of two-wheelers which included scooters and motorbikes and enjoyed a marketshare of 11 per cent, he said. “During FY’09, we expect to sell around 10 lakh units of two-wheelers,” he said. By 2010, the company was planning to capture a market share of 15 per cent in the two-wheeler segment, he said.